Parrot Invests in SenseFly and Pix4D

Last week, SenseFly and Pix4D announced deals with drone maker Parrot, in which Parrot will invest in both companies, 5 million Swiss francs in SenseFly and 2.4 million in Pix4D. Both spinoffs of EPFL, SenseFly and Pix4D have a history of cooperation, with SenseFly providing the camera-equipped UAVs for which they have also developed navigational software that allows them to fly complete missions autonomously, and Pix4D providing the software that transforms the thousands of images produced by the drones into unified geographical information. (Kudos to Engadget for their prompt reportage.)